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the next 20 days washington will find a way over the fiscal cliff and then there's those disconcerting moments. >> if there is no agreement, we go over the cliff. >> just assuming that washington's consensus is wrong tland's no deal. income taxes will go up, a typical family of four will pay about $2,000 more a year. the social security rate goes up 2%. benefits for the long-term unemployed benefits expire, most benefits will be cut by about 10%. nondefense discretionary spending, things like air travel, safety and food inspections will be cut about 8%. the ceo warns that no deal could lead the economy back to recession. others say that it might be rough in the short run but the economy might prosper in the long return. the facts t politics and the future of the fiscal cliff next with cnn's senior congressional correspondent dana bash, steven moore of the "wall street journal" and jackie calms of the "new york times." 315 horsepower. what's that in reindeer-power? [ laughs ] [ pencil scratches ] [ male announcer ] chevy's giving more. get the best offer of the year -- 0% apr financing
. that probably won't happen until the spring or summer next year. the fiscal cliff, dealing with that, it's only the beginning. >> if you're sitting at home, whether you're in the middle class, upper class or searching for a job and slipping into lower class, why should you care about this and what can you do to affect change if washington so there's let political theater and more action? >> that's a major concern for members of congress. we're talking about the debt and deficit but the focus turned away from jobs. that's why i think the deal that is struck may not be if -- the cuts may not be effective immediately. maybe takes rates take a year to kick in because the economy is fragile. people who are out of a job don't want the economy to tank further. they want a job in 2013. congress has to be very careful to get a deal that actually doesn't put us back into recession. as you know, there's not a lot of confidence in congress so there's fear congress will mess it up. >> that's been the situation for a long time. people want to unfasten their seat belts on this. we'll keep a close eye on it. w
on the fiscal cliff or continued stalemate. thanks again, gentlemen. >> next. the u.s. draws a red line for syria's president assad. we'll ask michael oren about thr threat of chemical weapons. uh... whew. [ male announcer ] break from the holiday stress. ship fedex express by december 22nd for christmas delivery. thor gets great rewards for his small business! your boa! [ garth ] thor's small business earns double miles on every purchase, every day! ahh, the new fabrics. put it on my spark card. ow. [ garth ] why settle for less? the spiked heels are working. wait! [ garth ] great businesses deserve great rewards. [ male announcer ] the spark business card from capital one. choose unlimited rewards with double miles or 2% cash back on every purchase, every day! what's in your wallet? [ cheers and applause ] share "not even close." share "you owe me..." share "just right." the share everything plan. sharable data across 10 devices with unlimited talk and text. get a droid razr m by motorola for $49.99. the bloody civil war in sir i wouldn't took a por more ominous turn with the assad re
, they might see it differently. >> we have to take a break. up next, will the stalemate over the fiscal cliff hobble an already weak recovery? you ever notice that some people just have a knack for giving the perfect gift? they put real thought into it. and find just... the right...thing. how do they do that? more saving. more doing. that's the power of the home depot. pick up a ridgid jobmax multi-tool starter kit and get a free head attachment. >> businesses are making decisions about investment and hiring and if they don't have confidence we can get this done, they're going to pull back and we could have a rocky time in our economy over the next several months. >> chris: president obama drawing a link between the fiscal cliff talks and a still the panel.ic recovery. we got the new jobs numbers friday. let's put them on the screen. unemployment dropped from 7.9 to 7.7%. the economy created 146,000 new jobs. kim, yes, continuing recovery but not a roaring recovery. does that help one side more than the other? >> they'll both have talking points. the president will say we're recovering, makin
immigration will be the issue of next year once the fiscal cliff negotiations are over. we have heard from a number of republicans who think immigration reform may be easier to achieve a. in 2006, we had some very heated debate on that topic. at this point after an election where republicans lost the latino voters by a very large number, they are saying they would like to see immigration reform passed in some way. they will push it differently. >> i think governor peter shumlin is back. we were talking about immigration and global warming. did you want to finish your thoughts? >> what is right for vermont or massachusetts may not be bright for virginia or some of the other oil-producing producing states. i believe strongly that climate change is the single biggest challenge we face and we cannot move fast enough to do energy efficiency better. from the governor's perspective, it is a job creator. as we move to renewable and energy efficiency, which we have to do for climate change and because america cannot afford to continue to import oil that is $4, five bucks, which ever is going to do
to go over the fiscal cliff, to use that terminology, something will happen before year end. hopefully, a comprehensive package that solves our nation's problems and then, later, next year we deal with tax reforms in a revenue-neutral way. but i do not want to see us -- go ahead, i'll stop. >> chris: let me bring in senator schumer. and, this goes beyond simply the question of this deal. why should congress give up its constitutional authority over borrowing? you know, we looked at your record, when george w. bush was president, and you voted at least three times against increasing the debt limit. why would congress unilaterally give up that power? >> well the bottom line is, i think on debt ceilings, things have shifted. i don't agree with my good friend, bob corker on the issue. i think it shift the way it has on taxes and we just saw that. senator mcconnell put on the floor a resolution that said, it was his idea, not ours, that let the president raise the debt ceiling, after all it is money congress already spent, and, let congress, by 2/3, override it. he thought we democrats woul
on the fiscal cliff or continued stalemate. thanks again, gentlemen. up next the u.s. draws a red line for syria's president bashar al-assad. we'll ask israeli ambassador michael oren about the threat of chemical weapons in syria. ♪ energy is being produced to power our lives. while energy development comes with some risk, north america's natural gas producers are committed to safely and responsibly providing generations of cleaner-burning energy for our country, drilling thousands of feet below fresh water sources within self-contained well systems. and, using state-of-the-art monitoring technologies, rigorous practices help ensure our operations are safe and clean for our communities and the environment. we're america's natural gas. music is a universal language. but when i was in an accident... i was worried the health care system spoke a language all its own with unitedhealthcare, i got help that fit my life. information on my phone. connection to doctors who get where i'm from. and tools to estimate what my care may cost. so i never missed a beat. we're more than 78,000 people looking out
to the benefit of the other side. it does seem as though immigration will be the issue of next year once fiscal cliffs negotiating are over, if ever. we've heard from a number of republicans who think that immigration reform might be easier to achieve this time. as you may recall, in 2006 and 2007 we had heated debates on that topic. but at this point, after an election where the republicans lost the latino votes by a large number they would like to see immigration reform pass in some way and they are going to approach it differently this time. >> we apologize for the live signals but we were talking about the immigration and the issue of global warming. did you want to finish your thoughts? >> sure. i want to say what is right for vermont, massachusetts, may not be right for virginia. having said that, we believe and i believe strongly that climate change is the biggest single challenge that we face and we can't move fast enough to do energy efficientcy better. the other point about that from the governor's perspective is it is a jobs creator. as we move to energy efficientcy which is good for
on the fiscal cliff coming up on the sunday round table in 20 minutes. next is paris from maryland on the independent line. caller: my question is, how money -- i think we need to go back to the basic for all americans to understand how money is made. how is it created. it is a clear understanding, that is the point. what organized people to come together to do something like school, police department, all of these types of things. how is it created? what is day one? as what i am looking at, what is day one? when civilization first expands, how money was created? host: the republican address came from marco rubio who has had a higher profile the last couple of months including his acceptance of the camp award in washington. here is more from the florida senator in the republican response. [video clip] >> americans of struggling to keep middle-class jobs for two reasons. we're not creating enough of these jobs and too many people did not have the skills for the jobs that are being created. a limited government can and help solve these challenges. we must get the national debt under
says the president is slow walking our economy to the fiscal cliff. former reagan white house counsel, financial crisis inquiry coission member peter wallace will join me here in just moments. let's take a look at tnight's "moneyline." the dow and s&p managing gains. the naaq weighed down by another bad day for apple and its investors. the dow u 81 points. s&p up four, the nasdaq fell leaven. ju er 3 billion shares traded on the big board today. the dow up 1%, s&p slihtly higher making three straight weeks of wins. the sdaq down 1% for its first losing week of the past three apple investors are having a rough time with the dow down. the stock down 9 percent this week. but even with that selling, t stock remains up 30% year-to-date. wall street analysts say muc of the selling can b explained by investors looking to avoid possibly having to pay gains on the sale of that stock at a higher rate next year. others simply taking profits. financial stocks strong. today j.p. mgan chase led the weight. news that it is expanding the numbers of its branch offices. research shows consumers have to
business is to the alone in wanting to avoid the fiscal cliff. tonight randall pinkston with 9 worries of small business. >> reporter: retired army officer rod hudson runs a 13 man business that operates at the centre of national security. >> we make sampling kit it's for weapons of mass destruction. >> reporter: quickslirl analytics allow them to test for an tlex-- anthrax, chemical and nuclear materials. >> every air force base recently bought a sampling kit. all the special forces guys, coast guard strike teams. >> reporter: but now with the post-election budget fight in washington over the fiscal cliff, hudson's business faces a battle on three fronts. all of which are up in the air. defense cuts, tax hikes, employee health-care costs. >> uncertainty kills businesses, because you can't plan. you can't program, you can't forecast. >> with defense spending on the chopping block, even with congress avoids the fiscal cliff, hudson predicts that 15% slowdown in orders next year. >> it could be june before we start seeing orders. and if that's true, i will end up laying off people. >> hu
street journal report." i'm maria bartiromo. tick tock, the clock is running out on the fiscal cliff. i will talk to the former cabinet secretary who says going over the fiscal cliff is better than getting a bad deal. >>> the auto industry is back. what it is doing right even in a soft economy. we will find out what is driving profitability. >>> and curtains up on the billion dollar women who made the lion roar. my conversation with julie taymor. >> it's made 4 to $6 billion no no one complained about it. >> >> "wall street journal report" begins right now. >> this is america's number one financial news program "wall street journal report." no now, maria bartiromo. >> here's a look at what is making news. some surprisingly good news about america's economy. the labor department says 146,000 new jobs were created in november. much better than economists' expectations. the unemployment rate drop theed 2/10 of a percent now at 7.7%. the best number since december of twachlt the labor department says superstorm sandy had little affect on those numbers. >>> the markets continue their familia
white house chief of staff on how to stay off the fiscal cliff and what the party should learn from the last election. >>> next, when the u.s. aimed high in the 1960s, we sent a man to the moon w the same effort, we can now cure cancer, that's what the head of the largest cancer center in the word, m.d. anderson says. >>> and america has lost it's number one standing in lotts of areas, from competitiveness to education, the new number one in most cases a scandinavian country, what is the credit sauce? we'll dig into it. but first here's my take. as we debate whether the two parties can ever come together and get things done, here is something president obama could do probably by himself that would be a single accomplishment of his presidency, end the war on terror. for the first time since 9/11, an administration official has raised this prospect. said in a speech to the oxford union last week, that as the battle against al qaeda continues, there will be come a tipping point as so many of the leaders and operatives of al qaeda have killed or captures such as al qaeda as we know it h
will get an update on where we stand on the fiscal cliff negotiation. each week keep it here where wall street meets main street. have a great week, everybody. i will see
negotiation. one day you have tim geithner saying they are prepared to go over the fiscal cliff. the same day, the white house is meeting with latino groups the next day african-american groups saying why it's terrible to go over the fiscal cliff. you have negotiation on many tracks. >> i like to talk about why raising medicare age is a bad idea. first of all, really, what it is is a shift of cost from the federal government to employers, seniors and states. in fact, because medicare is cheaper for beneficiaries, it's increasing. a president who ran on lowering national health care cost, it was one of the reasons why we have the affordable care act. it's when you increase the costs for everybody, and we'll cut out hundreds of thousands of seniors. the seniors are the hardest to ensure. you are raising costs of the medicare program, shifting costs to employers because they have to shift costs. it's making us less competitive. i don't understand -- >> what they are saying, what the signal the white house and its allies on this front would be sending out there is they say jonathan wrote this, th
, former secretary of treasury, former white house chief of staff on how to stay off the fiscal cliff and on what his party should learn from the last election. >>> next, when the u.s. aimed high in the 1960s, we sent a man to the moon. with a similar effort, we can now cure cancer. that whees the head of the largest cancer center in the world, houston's m.d. anderson says. you want to hear why we're so close to success and yet so far. >>> and merge has lost its numb were one standings in lots of areas from competitiveness to education. the new number one in most cases, a scandinavian country. what is the secret sauce? we'll dig into it. >>> but first here's my take. as we debate whether the two parties can ever come together and get things done, here's something president obama could probably do by himself that would be a single accomplish money of the his presidency. end the war on tar rohr. for the first time since 9/11 an official has raised the prospect. johnson said in a speech to the oxford last week as the battle against al qaeda continues, there will be come a tipping point a
to signal it in some way and then you'll have a two-stage process. they'll do the fiscal cliff stuff and tax reform by august 1 of next year. >> but the speaker so far has not had a rebellion underneath him. he has said things that continue to move in this direction without a rebellion. here's what happened oned with. the president called speaker boehner, my congressional add aides are going to meet with your people. what ron neighbors said tell us what you want after you agree to rates. the white house thought that was an accommodating conversation. the republicans interpreted that as seeking their humiliation. so even within the contours of conversations that are direct and face to face, there are wildly differing interpretations. >> republicans by the way know if boehner crosses that bridge, that it could be immediately leaped and get a democratic victory dance on rates without really getting serious on the other side. that's what the lack of trust causes in this process. >> schieffer: i guess in the final analysis, nothing is going to happen until the last minute of the last hour, though
as tomorrow. thomas? >> thank you. still ahead, the looming fiscal cliff has small business owners wondering how many people they can employ. we'll get a read on that next. this new mtv show capturing the attention of one u.s. senator is not happy about it one bit. why he wants to put a showstopper on it before it hits the air. two years ago, the people of bp made a commitment to the gulf. bp has paid over twenty-three billion dollars to help those affected and to cover cleanup costs. today, the beaches and gulf are open, and many areas are reporting their best tourism seasons in years. and bp's also committed to america. we support nearly 250,000 jobs and invest more here than anywhere else. we're working to fuel america for generations to come. our commitment has never been stronger. this reduced sodium soup says it may help lower cholesterol, how does it work? you just have to eat it as part of your heart healthy diet. step 1. eat the soup. all those veggies and beans, that's what may help lower your cholesterol and -- well that's easy [ male announcer ] progresso. you gotta taste this so
tournament. >>> fiscal cliff grabbing the headlines in washington. that's not the only big event in the nation's capital. next month, president obama will be inaugurated for a second term. that means plenty of turnover among his top advisers. emily schmidt has a first look at the upcoming changes in the president's cabinet. >> reporter: a late november white house photo-op. >> this is a wonderful opportunity for me to meet with my full cabinet. >> reporter: maybe the last glimpse of this picture, an imminent cabinet shuffle is expected. >> president has got a lot of very, very good people to choose from. but he wants to put together a team, especially in international affairs, a team overall that going into a second term does not look like a second team, does not look like a group of second stringers. >> reporter: the likely short list to succeed secretary of state hillary clinton is politically charged. susan rice, the u.s. ambassador to the united nations, is thought to be a leading contender. some republicans have been highly critical of rice following the attack on the u.s. c
. he wants to get the fiscal cliff business done with so don't be in a rush to await that decision. chris: when we return, the the week, will barack obama's scores in the second term be on foreign policy or here at home? chris: welcome back. syria, egypt and afghanistan are just the foreign policy challenges we already know about russia out china and there which brings us to the big question this week -- will the president's second term triumphs be abroad or here at home? >> i think his second term will be defined by foreign policy and looming confrontation over iran. chris: politco has spoken. >> despite all of the domestic issues, he will have a bigger role to play on the world stage and brought into that with events whether it be syria, iran. >> leadership just changed in china for the first time in 10 years, the most important economic relationship we have in the world and he's got to make headway there to make sure they stay on their reform path so they continue to grow and the world economy will be stronger. >> i agree, it's unanimous, the big foreign policy challenges are co
economic committee hears from analysts on the so- called fiscal cliff -- a economic committee hears from atlas on so-called fiscal cliff. -- analysts on colorado the cliff. >> it was constitutional for them to establish i.t. -- id. >> they talked about indiana. let me finish because you misrepresented what i said. >> when i hear these accusations that black people, voter i longd is disproportionately affect minorities, -- voter id laws disproportionately affect minorities. if whites voters can it -- get people,u telling black that they are less than? we always have to make special -- there has to be a specialnes when we deals with minorities because they are too feeble mind. when you treat people like the victims, i do not think they want to aspire. >> crystal wright tonight at 8 ." c-span's "q & a today, the latest on the
camerota. and forget the fiscal cliff. deal or no deal. a new wave of taxes are the set to kick in next month, because of obamacare, will it be on the edge? , we'll break it down. >> mike: good morning, i'm mike in for dave. like the federal government do you have the urge to splurge? why impulse buying may be costing you and your family an extra $200 per month. >> plus, the twinky, may be here to stay after all. how one man is trying to save hostess from the brink of extension. "fox & friends" hour three starts right now. >> ♪ >> good morning, everyone, thanks so much. mike jerrick is here. >> mike: hello, can i say quickly? tomorrow is my brother, tom jerrick's birthday in maryland, and he's always at church every sunday morning, say hi to tom jerrick. >> clayton: so he was the disciplined one of the family. >> alisyn: we're getting this, you were the black sheep. >> mike: what are you trying to say? we have six kids. >> clayton: i'm saying that he's the colonel and you're not. >> mike: i'm just corny. mike jerrick is here everyone, great to see you and we have been focusing on
the past weekend of activity atop the fiscal cliff, nothing happened. today, the search for a sweet stop when the deal the speaker can get to the president, and what he can sell to his bruised party. >> they put forward a unbalanced plan that lowers rates for the wealthie iesiest americans. >> the speaker's box. then, falling off the fiscal cliff, a tumble that would shake the world with international monetary fund chief kristine lagarde. >> the real threat at the moment is here with us. >> what happened if nothing happens with mark zandi, jackie calmes. >> politically, the speaker is playing with a weaker hand than the president. the pressure is higher on him, and his critics are louder, too. >> just need boehner to go along with raising the rates and that's it. republican party is finished. >> he is selling out our children right now with these massive tax increases, and that's his starting bid. he is saying here is $800 billion, now will you sit down with, us a obama? >> hashtags with names like fire boehner have become popular. still, where the votes get counting, boehner seems to ha
. >> this report was supposed to be weak. superstorm sandy, a number of labor disputes. the fiscal cliff. we were expecting the number to go up from 7.9 to 8%. went down to 7.7. a number of economists, created 146,000 jobs, so before you opine on the report, how accurate and reliable do you feel this report was? >> well, first of all, i think it's important to know there were downward revisions to the past two months, which makes the trend not look as good. it's also important to note that anywhere between 50 to 100,000, which about 86,000 were affected by the storm, is not considered significant in this report. so again, you're not necessarily capturing it also on the 7.7%, that survey was taken very earlry in the month. a week earlier than the establishment survey. the household survey was take b on monday november 5th, a few days later, we had the nor'easter. the secondary storm that hit the northeast and caused insult to energy injury on many and that was not captured in that unemployment survey, so i think that although they say it didn't affect it, they also don't, did have a major increase
'll see what they think about the fiscal cliff this morning. >> osgood: thank you, bob scheiffer. we'll be watching. and next week here on sunday morning ♪ >> osgood: amuseical flight are led zeppelin. >> osgood: we leave you this sunday morning where the bison roam at slew creek in yellowstone national park. >> osgood: i'm charles osgood. please join us again next sunday morning. until then, i'll see you on the radio. captioning made possible by johnson & johnson, where quality products for the american family have been a tradition for generations captioned by media access group at wgbh access.wgbh.org ,, ,,,, ,, . >>> as things stand this morning, we're less than three weeks away from falling over the so-called fiscal cliff. the power play that's all talk and no action. >> boy, it is a beautiful start to the sunday morning in the bay area. winds will pick up. numbers, a little chilly this morning, but one of the warmer days in december on tap. we'll have the details. >> the people in san francisco object to tasers, are
that went nowhere. we'll see what they think about the fiscal cliff this morning. >> osgood: thank you bob scheiffer. we'll be watching. and next week here on sunday morning ♪ >> osgood: amuseical flight are led zeppelin. >> osgood: we leave you this sunday morning where the bison roam at slew creek in yellowstone national park. >> osgood: i'm charles osgood. please join us again next sunday morning. until then i'll see you on the radio. captioning made possible by johnson & johnson where quality products for the american family have been a tradition for generations captioned by media access group at wgbh access.wgbh.org [ male announcer ] this commercial is not about getting fios; it's about getting fios. that moment after you finally got it, that you actually get it. when you can see blades of artificial grass in their full glory you get it. or the first time you download a two-hour movie in two minutes, you get it. because once you've got it, you get it. [ female announcer ] it's faster. it's better. so, what are you waiting for? now you can get fios internet, tv and
be in trouble with the law. is the season for giving, but don't let washington fiscal cliff talks cloud your judgment for finding the best cherries for your dope. ou experts shares tips on what you need to know. we are on the case next on "the willis report". ♪ gerri: big changes coming to tech giant ibm that may change the way you save for ♪ gerri: there is the story out there not getting a lot of attention today that you need to hear about, particularly if you care about your retirement. ibm overhauling its retirement program. instead of contributing to its employees 401(k) over time, the company will opt to contribute a lump-sum payment once per year. this may not sound likea big change, but the move undermines the very idea of retirement savings. lo, the attraction of a fox business is the idea hat you leveled out what you pay for in investments over time. stock prices go up, they go down, but over time you avere out your risks and your cost. i call it dollalar cost averagi. but with ibm's new plan, the advantage of its lead disappears. this would not be such a big deal, but ibm is c
up, the looming fiscal cliff. you know, it's part of our nation's financial problem. but what about the spenning? how do we get a handle on the growing $16 trillion deficit? coming up next, tim murphy of pennsylvania will be here to tell us what else the nation needs to do to get our economic house in order. have you heard about that tragic situation, josh brent, cowboys defensive lineman? he faces cter a car crash that killed one of his teammates? that's straight ahead. >> it's really unfortunate that that happened, making an everyday decision that can affect everything everybody's life. >> i am sure it will be difficult to move on. but i am sure they will bounce back and be able to come around. s my husband and i can't stop eating 'em! what's...that... on your head? can curlers! tomato basil, potato with bacon... we've got a lot of empty cans. [ male announcer ] progresso. you gotta taste this soup. >> jamie: another sad story out of the,r of the nfl. a member of the dallas cowboys is facing manslaughter. josh brent was allegedly drunk and speeding during a car accident saturday m
republican bob corker and other members of congress talking about this fiscal cliff. hosted by bloomberg government and the lloyd. this is about an hour. -- and deloitte. this is about an hour. >> good morning. i'm the head of bloomberg government. thank you for joining us today, and thank you to deloitte for partnering with us in this event. when we launched bloomberg government just about two years ago, we had the aspiration of creating a one-stop shop, with data, tools, news, and analysis to help government affairs and government sales professionals make better and faster decisions. we went a long way toward achieving that aspiration. a big part of it is conversations on the important issues that face our nation today, particularly at the intersection of business and government. today's discussion on the fiscal cliff clearly meets that. we are honored to have such a thoughtful panel. senator mark warner, senator bob corker, congressman chris van hollen, governor tim pawlenty, who is currently president and ceo of the financial services roundtable. moderating our discussion today is al
. tomorrow, on washington journal, guests discussed the latest on the so-called fiscal cliff negotiations and the week ahead. a politico reporter looks at the lobbyist involvement in those negotiations. and an update on the situation in syria. live at 7:00 a.m. eastern on c- span. >> the supreme court will look at what was passed in 2008 by a majority of 63, i believe and they are going to say that is president. and indiana -- >> we are talking about facts. when they decided the indiana case, it was constitutional for them to establish it. they did not say all the states -- >> correct. they talked about indiana. let me finish peeping >> you are misrepresenting. >> no, i am not. >> i hear these accusations that black people, a voter i.d. lost disproportionately affect minorities. it implies to me that we have something missing in our brains. to me, if white americans can get it to vote and go through all the processes to follow the laws, what are you telling black people? that somehow they are not able to? they are lesser the man? that is what bothers me about the rhetoric coming from demo
it happen? will political gridlock force us over the fiscal cliff and into a new recession with higher taxes for everyone? house speaker john boehner called it another wasted week. >> well, this isn't a progress report because there's no progress to report. > report. >> schieffer: the president won't budge. no deals unless it includes higher taxes on upper
. with the fiscal cliff looming, how will it affect holiday shopping? that story coming up. >> and the radar looks messy right now, heavier rain showers coming in from northern virginia. details in the insta-weather plus forecast. >> trackidy hits the dallas cowboys one day before they're scheduled to play the bengals. the latest on the arrest of one player and death of another. >> you're watching wbal-tv 11, live, local, late breaking. [captioning made possible by constellation energy group] >> good morning and welcome to 11 news sunday morning, i'm franciotti. lisa has the day off. >> i'm kerry cavanaugh. first, a look outside with ava and it was soupy today. >> like pea soup. it's a mess out there. we basically have all this fog we have to deal with, showers, as well, to watch for. earlier this morning, low visibility because of the dense fog from baltimore county to st. mary's county and eastbound, the lower eastern shore and delaware, as well. if you look at the radar, you can see showers across baltimore city moving up 95 into white marsh into edgewood and temperatures from the upper 40's to
-term question, are they getting closer to avoiding the fiscal cliff? that's the short-term. 23 days that we just heard. the second question is the longer-term question. can they reach a deal which actually leads to a grand bargain next year? that's really the bigger question and more consequential question. senator corker today, he said he's ready to raise the tax rate, which has been so contentious, and was a breakthrough. he also said, listen, if we give him his tax rate, we may be able to hold the total package of tax revenues at half of what the president is asking for. the president wants $1.6 trillion in new taxes. and corker's saying, if we just do the rate, we can hold it to half that. so you could -- we could get a short-term agreement that avoids the cliff but it could mean that the long-term agreement is much smaller than what the president and economists and others really want. >> you have gad sources there. are sources telling you anything about what happened behind closed doors? >> i have not heard anything. this is all broken in the last, you know, hour or two. so i have not heard
Search Results 0 to 49 of about 50 (some duplicates have been removed)

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